Seeking Alpha

Synta Pharmaceuticals soars on heavy volume

  • Synta Pharmaceuticals (SNTA +15.6%) posts double-digit gains in morning trading.
  • More than 2.3M shares have already traded hands versus a 10-day average of 1.8M.
  • The company closed a 16.1M share public offering (including 2.1M shares to underwriters) at $3.75/share for gross proceeds of $60.4M. (PR)
Comments (1)
  • TruffelPig
    , contributor
    Comments (4040) | Send Message
     
    Reaction to substantial insider buying!
    18 Nov 2013, 12:16 PM Reply Like
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